GvW advises osapiens on $120 million financing round led by Goldman Sachs Alternatives
GvW Graf von Westphalen has advised osapiens, the leading ESG platform and provider of compliance and sustainability reporting solutions, on a $120 million Series B financing round led by Growth Equity at Goldman Sachs Alternatives.
osapiens will use the proceeds from this financing round to further strengthen its position as a leader in ESG technology and drive its international expansion. Founded in 2018, the company offers the osapiens HUB, an AI-powered, cloud-based platform that helps businesses comply with international ESG regulations (such as CSRD, EUDR or CSDDD) and efficiently identify and minimize risks in the supply chain. osapiens' customers now include 1,300 companies, including Bosch, Coca-Cola North America, Metro, Ritter Sport, Lidl, Celanese, C&A and DM.
osapiens was advised by GvW Graf von Westphalen and O'Melveny & Myers LLP. The GvW team consisted of Titus Walek and Sina Reck (both VC) and Joachim Mulch (IP). The team led by Frankfurt partner Titus Walek had already advised osapiens on its Series A financing round with Armira Growth (more) and various M&A transactions (more).
News
Federal Administrative Court: Fehmarn Belt Fixed Link may be built
The Federal Administrative Court has dismissed all six pending appeals against the planning decision on the Fehmarn Belt Fixed Link. Construction of the tunnel may therefore now also begin in Germany. GvW advised the State of Schleswig-Holstein and was represented by a Hamburg team consisting of Dr Ronald Steiling (lead), Corinna Lindau, Dr Dietrich Drömann, Prof. Dr Christian Winterhoff, Dr Andreas Wolowski, Saskia Soravia, Dr Stefanie Ramsauer, Dr Annika Bleier, Felix Kazimierski and Niclas Langhans. (BVerwG 9 A 6.19, 9 A 7.19, 9 A 9.19, 9 A 10.19, 9 A 11.19, 9 A 12.19 and 9 A 13.19).
H4 Hotel Mönchengladbach at BORUSSIA-PARK: the place for that Bundesliga feeling
Football is king at H-Hotel Group’s new H4 Hotel in Mönchengladbach. Its location right next to the stadium and the theme rooms depicting the history of the Borussia Dortmund football club make this new hotel unique and a must for any football enthusiast. Our lawyers had the pleasure of advising H-Hotels Group on the creation of its first football-themed hotel and took the chance to visit this amazing place shortly after its opening.
Transport System Bögl: new local public passenger transport system a big success in China
The Max Bögl group of companies has developed a new local public passenger transport system. The system called “Transport System Bögl” (TSB) uses magnetic levitation, or “maglev” technology and provides a clean and cost-efficient means of transport for better mobility in inner city areas. The technology is becoming increasingly popular also in other countries: Max Bögl’s most recent export order was the sale of its TSB to China. The company’s plans include building a 3.5 km test track in Chengdu and extensive marketing activities to promote the technology in China – all through a sales partnership with a Chinese company.
You don't want to miss any more of the latest legal developments? And be invited to our events? Then register here.